Technical View and Trading calls of Cnx IT & Bank Nifty, 20 May 2011

Bank Nifty Intraday levels and trading tips

Today, 10650 is crucial for Intraday.

If Bank Nifty sustains below 10650, then it could test 10500, and below that level it could test 10400.
Instead, if Bank Nifty trades above 10650, then it could test 10800.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 May 2011

Reliance

Today, 915 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 915 is crucial for short term. Positional Traders, trade long above 915 for a target of 940. Trade short below 915 for a target of 890.